Historically, Bitcoin Price has increased in November and December

Bitcoin spent a period of stability worth $ 6,500 over the past two months. However, according to experts and analysts, the price of Bitcoin may increase by up to $ 20,000 earlier this year. Bitcoin is currently trading at $ 6.543, a 1.7% increase.

Historically, Bitcoin Price has increased in November and December

Bitcoin’s price has been remarkably stable recently, and may surprise some people who are closely following these crypto markets. Bitcoin’s price has experienced extreme turbulence over the past 12 months, bringing the price rise to $ 6,000 in September 2017. As a result, until December, fiyat reached almost $ 20,000.

Another factor is the stability of the BTC, which coincides with the rising US interest rates, which strengthened against many currencies of the US dollar. Historically, Bitcoin has always seen positive price movements in November and early December.

Raghav Reggie Jaerth: “Bitcoin will rise from $ 7,500 to $ 8,500.”

Raghav Reggie Ferry, CEO of gat3r Web miner, expects the Bitcoin price to be consistent with the market Model’s forecast. Raghav Reggie jaerth says::

In the history, bitcoin has always positive price movements in November and early December. Therefore, it is possible to see that the rest of the year rose from $ 7,500 to $ 8,500.

Patrick E. Palacios: “bitcoin will see a modest increase from $ 7,000 to $ 7,500.”

CEO Of LoyalCoin, Patrick E. Palacios believes that bitcoin will see a modest increase in its price from $ 7,000 to $ 7.500. Patrick E. Palacios says::

I believe we will see an increase in bitcoin in the next few weeks, and Bitcoin will increase to about $ 7,000 and $ 7,500.

Abraham Merkin: “Bitcoin won’t make $ 8,000 in 2018.”

However, Abraham merkin believes that the dollar may be a “hard ground” for Bitcoin. Krypto money expert does not believe that Bitco will see any major price movements on New Year’s Eve. Abraham Merkin says::

The volatility we saw in the first quarter of 2018 last year is in the past. Bitcoin will not earn $ 8,000 in 2018 and will not be able to reach $ 7,300 by New Year’s Eve due to its current calm.

Clement Thibault: “Bitcoin’s price has protected a hard floor of $ 6,000 for most years.”

Investing.com Senior Analyst, Clement Thibault, thinks Bitcoin’s prices will be close to $ 6,000. Clement Thibault says::

For now, sales pressure seems to continue to lower the price. As for the bottom, Bitcoin has maintained a hard ground of $ 6,000 for most years and would be surprised to see it break at its level.

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